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Financials

MB1109943
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Brio

1431 PLAZA PL, Southlake, TX 76092 · TABC MB1109943

Mixed Beverage Southlake Market Enriched 2026-07-11
$742,642 Annual gross (L12M) ▼ 9.6% latest MoM Click for monthly detail
$61,887 Avg monthly ▼ 3.9% latest vs avg Click for monthly detail
~22% Est. net margin (likely) $166,352/yr est. net Click for cost model
$416k–$582k Est. acquisition range 0.67× annual gross (blended) Click for valuation methods
Liquor sales only — total revenue is higher
Every dollar on this page comes from Mixed Beverage Gross Receipts filings — the alcohol portion of total sales. For a Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $1,650,316 – $2,970,568/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
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Executive Summary

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Brio is a mixed-beverage licensed establishment at 1431 PLAZA PL, Southlake, Texas (TABC MB1109943). Over the most recent 12 months it reported $742,642 in gross alcohol sales, averaging $61,887/month with a best month of $85,612. Sales mix: ~44% liquor · 5% beer · 50% wine. The building at this address is owned by KRG GRAND AVENUE II LLC (7,647 sqft, $3,438,741 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $166,352 (~22% margin). Acquisition value is estimated at $416k–$582k across revenue-multiple, SDE-multiple, and cap-rate methods. All revenue figures are gross mixed-beverage receipts as filed with the Texas Comptroller; they exclude cash income such as cover charges, game machines, or merchandise.

Sales performance · last 12 months

Texas Comptroller mixed-beverage gross receipts actual

Annual gross
$742,642
Avg monthly
$61,887
Best month
$85,612
Dec 2025
Sales mix
44% Liq
5% Beer · 50% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID41042352
Property owner (landlord)KRG GRAND AVENUE II LLC
Total building SF7,647
Assessed value$3,438,741

Brio's share

Est. base rent ~$23/sqft/yr · 3,500 sqft · Class A $6,820/mo
NNN CAM / insurance$1,023/mo
NNN property tax$3,148/mo
Personal property tax est — no BPP record $149/mo
Total occupancy $11,140/mo

Occupancy analysis

All-in occupancy cost is 18.0% of gross revenue. Industry benchmark for healthy bars is 6–10%; 12–15% is typical for premium submarkets; above 18% is unsustainable without very strong margins elsewhere.

Profit scenarios

Texas bar cost model applied to $742,642 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~32%
Revenue$742,642
COGS (24%)−$178,234
Labor (14%)−$103,970
Occupancy−$120,308
TX MB gross tax (6.7%)−$49,757
Utilities / ins / mktg (8%)−$59,411
Card surcharge net+$8,169
Net profit $239,131
Most Likely
Typical bar, light food program, full two-shift staffing
~22%
Revenue$742,642
COGS (27%)−$200,513
Labor (17%)−$126,249
Occupancy−$133,676
TX MB gross tax (6.7%)−$49,757
Utilities / ins / mktg (10%)−$74,264
Card surcharge net+$8,169
Net profit $166,352
Stressed
Heavy food, larger crew, higher rent
~11%
Revenue$742,642
COGS (30%)−$222,793
Labor (22%)−$163,381
Occupancy−$147,043
TX MB gross tax (6.7%)−$49,757
Utilities / ins / mktg (12%)−$89,117
Card surcharge net+$8,169
Net profit $78,720
Disclaimer: Revenue is mixed-beverage gross receipts from the Texas Comptroller — it does not include cash income like door charges, game machines, merchandise, or event rentals (which can add 10–25% for nightclubs). Cost ratios are industry benchmarks for Texas MB-permit bars. Rent is estimated from submarket comps; property tax is from county public records pro-rated by square footage. Actual profit depends on lease terms, staffing, owner salary, and one-time costs.

Owner income estimator

Split likely net profit across ownership estimated

TABC licensee Brio (Texas) LLC looking up officers…
1
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $166,352/year. Actual owner income depends on salary draws, distributions, debt service, and tax structure. Consult an accountant for actual income projections.

Acquisition value estimate

Based on most-likely scenario (~$166,352 net) estimated

Revenue multiple
$371k–$594k
0.5–0.8× gross
SDE multiple
$416k–$582k
2.5–3.5× earnings
Cap rate
$504k–$665k
25–33%
Suggested range
$416k–$582k
blended estimate
The numbers above are liquor-only: bar-style multiples applied to mixed-beverage receipts. They're the right answer for a pure bar/lounge — but for a restaurant, this is just one slice of total enterprise value (the bar program). See the food-business estimate below.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $1,650,316–$2,970,568/yr in total revenue (your liquor portion of $742,642 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$1,650k–$2,971k
food + liquor + service
Estimated net (10–15%)
$165k–$446k
restaurant margin
Full-business value
$454k–$1,634k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-07-03

Lookup pending — check back tomorrow

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